Breadcrumb Trail LinksPMNPMN BusinessAuthor of the article:The Associated PressChristopher RugaberPublished Aug 20, 2024 • 4 minute read You can save this article by registering for…
The euro surged to its highest level since January following cooler-than-expected inflation data from both the UK and the US. European stock markets are set…
Breadcrumb Trail LinksPMN BusinessForecasters expect a monthly report on US consumer prices to show another modest increase last month, reinforcing widespread expectations for a Federal…
Breadcrumb Trail LinksPMN BusinessUS inflation probably picked up modestly in July, but not enough to derail the Federal Reserve from a widely anticipated interest-rate cut…
Breadcrumb Trail LinksPMN BusinessBond traders are piling into bets that the US economy is on the verge of slowing so quickly that the Federal Reserve…
Lagos, Nigeria – Armed with a protest sign, 20-year-old Samuel Adeleke joined a crowd of angry Nigerians gathered in Ikeja, the heart of Nigeria’s commercial…
Fed Chair Jerome Powell said Wednesday the Fed decided to leave interest rates unchanged. He said during a press conference that Inflation has eased substantially…
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials are on the verge of lowering borrowing costs within months, a move Chair Jerome Powell may signal in the…
The personal consumption expenditures price index rose on par with analysts' expectations, presenting signs of slowing inflation in the gauge favored by the Federal Reserve.…
Breadcrumb Trail LinksPMN BusinessThe runway toward a Federal Reserve interest-rate cut will come more into focus in the coming week amid fresh signs inflation is…
Both the euro and the British pound surged further against the US dollar, while gold prices hit a fresh high before pulling back on Wednesday.…
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. On Monday at the Economic…
Breadcrumb Trail LinksPMN BusinessForecasters expect a monthly report on US consumer prices to show the smallest back-to-back increases in underlying inflation since last summer, adding…
Jerome Powell, chairman of the Federal Reserve, testifies at the Senate Banking, Housing, and Urban Affairs hearing on March 7. He told the committee on…
European stock markets recoup most of their losses from earlier in the week following the release of US CPI data. Regional markets poised to open…
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials dialed back their expectations for interest-rate cuts this year, though Chair Jerome Powell kept the door open for more…
The policymakers' forecast for one rate cut was down from a previous forecast of three, because inflation, having cooled in the past two months, remains…
Breadcrumb Trail LinksPMN BusinessFederal Reserve officials penciled in just one interest-rate cut this year and forecast more cuts for 2025, reinforcing policymakers’ calls to keep…
Breadcrumb Trail LinksPMN BusinessInvestors may glean more on the Federal Reserve’s resolve to ease monetary policy when US policymakers update their forecasts for interest rates…
AN angry woman stood up for herself after her boyfriend insulted her appearance. She got her revenge after he repeatedly put her down during their…